Skip to main content

About your Search

Search Results 0 to 2 of about 3 (some duplicates have been removed)
Oct 7, 2012 5:30am PDT
data and what some called a romney rally following the presidential debate. the market was mixed on friday. the the auto sales are powering . on an annualized basis, sales hit 15 million units. the best number since march of 2008. gm and ford posted flat numbers but chrysler, toyota and volkswagen were strong. >>> a major milestone for facebook. the social website passed the -- the stock is down 38% 40%. >>> there's no such thing as a foolish question about money, the markets or the economy. so says my next guest tom gardner, ceo of "the motley fool." thank you for joining us. >> thank you for having me. >> we got the numbers out on friday showing 114,000 new jobs created for the month. the unemployment rate the lowest in 3 1/2 years 7.8%. were you surprised by the numbers? what do you think it tells us where we are in the recovery. >> this is good news, no question. i think there are a couple of things to remember. first you get the context. we're 7.8% unemployment. historically over the last 60 years it has been 5.8%. two percentage points above where we would like to be. the o
Oct 7, 2012 2:30am EDT
think this is a post-debate romney rally? >> i don't know how much the debate influences the markets overall. i think that for long-term toward like us at the motley fool this is a fine time to be an investor. of course we generally think that. we like to add money every month. one of the worst things that happens and a lot of discussion on the macro issues the crisis that come along on wall street and the high-frequency trading that makes people think they have to pay attention on second-by-second basis. a lot of retail toward have been pushed out of the market or withdrawn their capital. i think that is a mistake. i think you want to be in equities, more than ever before over the last ten years if you look at the performance of stocks. . i hope retail toward watching this program are thinking of getting more in to mutual funds, equity and low-cost funds and stocks of businesses they believe in. >> part of the reason for the rally we have been seeing the momentum in the stock market is because of the federal reserve. this week the fed released the minutes from the last meeting which
Search Results 0 to 2 of about 3 (some duplicates have been removed)